Which of the following is not counted in the GNP of the United States? Lütfen birini seçin: O A. The wage earned by a Japanese citizen who who works in Japan. O B. The wage of a U.S. citizen who works in a foreign country for a foreign firm. OC The interest earned by a U.S. bank on loans to a business firm located in Brazil. OD The value of services that are produced by state and local governments in the United States. O E. The profit earned by a restaurant located in the United States but owned by a Mexican company

Which of the following is not counted in the GNP of the United States? Lütfen birini seçin: O A. The wage earned by a Japanese citizen who who works in Japan. O B. The wage of a U.S. citizen who works in a foreign country for a foreign firm. OC The interest earned by a U.S. bank on loans to a business firm located in Brazil. OD The value of services that are produced by state and local governments in the United States. O E. The profit earned by a restaurant located in the United States but owned by a Mexican company

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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For Native Americans during the colonial period, what could we say about the PED (in magnitude) for horses? O It was less than 1 O It was greater than 1 O It was equal to 1 O PED was never discussed in this course
It is difficult to imagine a truly homogeneous market for even a commodity product like milk. In other words, since the milk market includes people who buy different types of milk (i.e., whole, 2%, skim, almond milk, etc.), you'd have to conclude that the milk market has many segments and that it's heterogeneous rather than homogeneous. A True В False
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